Westboro Massachusetts Real Estate Market Report for December 2008

In December of 2008 there were 4 homes that closed within the month for Westboro Massachusetts. This is a the same amount of units as there were 4 homes that closed in December of 2007.

The Average list price for the homes that closed in Westboro for December of 2007 was $790,900

The Average list price for the homes that closed in Westboro for December of 2008 was $447,213

The Average sale price for the homes that closed in Westboro for December of 2007 was $727,250

The Average sale price for the homes that closed in Westboro for December of 2008 was $428,625

The Average Market time for the homes that closed in Westboro in December of 2007 was 52 days.

The Average Market time for the homes that closed in Westboro December of 2008 was 61 days.

7 homes went under agreement in Westboro Massachusetts in the month of December. The average list price of the homes that went under agreement was $498,856. The average time on the market for these Westboro MA homes were 112 days.

                                    January - December Market Statistics for Westboro Massachusetts

In Westboro MA for the period of January to December of 2007 there were 164 properties sold.

In Westboro MA for the period of January to December 2008 there were 130 properties sold.

In Westboro MA for the period of January to December in 2007 the average list price was $511,977 the average sale price was $493,296, and the average market time was 138 days.

In Westboro MA for the period of January to December in 2008 the average list price was $464,290 the average sale price was $444,367 and the average time on the market was 97 days.

** The above statistics are for single family homes only and do not include condo's or Multi-family homes in Westboro Massachusetts.

In comparing year over year longer term data for Westboro Massachusetts, the average list price and sale price both went down year over year from January to December. This can be attributed to the on going weakness in the real estate market in Metrowest MA. There was however a decrease in the days on the market for the same period in Westboro MA. This is indictive of sellers becoming more realistic in pricing their homes properly. The number of sales so far year to date is down substantially from last year.

These statistics are similar to many of the towns in Metrowest MA. Most of the surrounding towns experienced a decrease in the average list price and sale price for the January to December time frame. 

Selling a home in Westboro Massachusetts or other Metrowest town is heavily dependant on pricing your home properly and picking an agent that will create an "online market presence" for your home. As a home seller, you need to be aware that the market in Westboro and many other Metrowest communities has changed over the last three and a half years. We are no longer in a seller's market. When selling a home in Westboro Massachusetts, it pays to have a pro in your corner representing you.

 When selling a home in Westboro MA, it pays to have a pro in your corner representing you. Here are some excellent questions  to ask when interviewing your agent, that will help you determine if you are hiring a top producer or not!

** 85% of all buyers are finding their homes on the Internet. See where I advertise on-line to give my clients dominant internet exposure at Metrowest MA Homes ~ How to effectively market to the masses on-line. **

Market reports for Hopkinton 

Market reports for Holliston 

Market reports for Milford 

Market reports for Southboro 

Market reports for Upton 

Market reports for Ashland 

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About the Author: The above Westboro Massachusetts Real Estate market report was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Westboro Massachusetts and other Metrowest towns for the last 23+ Years. 

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!

For Massachusetts and Westboro MA Real Estate and homes see Westboro Homes For Sale Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my MLS Property Finder Site.

I service the following towns in Metrowest MA: Hopkinton, Milford, Upton, Southboro, Westboro, Ashland, Holliston, Mendon, Hopedale, Medway, Grafton, Northbridge, Uxbridge, and Framingham MA.

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